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1. A man invested in 500 shares of a local business stock selling for $15.75 a share. A while later he sold half of his shares at $17.25. Calculate his investment rate of return and his capital gain. A man invested in 500 shares of a local business stock selling for $15.75 a share. A while later he sold half of his shares at $17.25.
Jasmine Scents has been given two competing offers for short-term financing. Both offers are for borrowing $15,000 for 1 year. The first offer is a discount loan at 8%; the second offer is for interest to be paid at maturity at a stated interest rate..
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Define each of the following terms: a. Operating plan; financial plan; sales forecast b. Pro forma financial statement; percent of sales method c. Spontaneously generated funds d. Additional funds needed (AFN); AFN formula; capital intensity ratio e...
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